TOday’s Movers: Chipotle (NYSE:CMG) Stock Rating Kept by Analysts at Cowen & Co.; $250.0 Target Price Indicates -20.29 % Potential

December 8, 2017 - By Henry Gaston

 TOday’s Movers: Chipotle (NYSE:CMG) Stock Rating Kept by Analysts at Cowen & Co.; $250.0 Target Price Indicates  20.29 % Potential

Investors sentiment increased to 1.09 in Q2 2017. Its up 0.24, from 0.85 in 2017Q1. It increased, as 43 investors sold Chipotle Mexican Grill, Inc. shares while 160 reduced holdings. 83 funds opened positions while 138 raised stakes. 25.02 million shares or 7.00% less from 26.90 million shares in 2017Q1 were reported.

Ameritas Invest Prtn reported 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Raymond James Services Advisors has 0.01% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 2,938 shares. Gotham Asset Lc has 1,659 shares. Airain reported 3,767 shares. Hightower Advisors Ltd Com invested in 9,286 shares or 0.03% of the stock. Switzerland-based Swiss Bank & Trust has invested 0.05% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Capstone Advsrs has invested 0.13% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). 6,815 are owned by Westpac Banking Corp. 240,657 are owned by Susquehanna Interest Ltd Liability Partnership. Pathstone Family Office Limited Company owns 45 shares. Bp Public Ltd Company owns 9,000 shares for 0.14% of their portfolio. Magnetar Fincl Lc invested in 10,096 shares. Fifth Third Comml Bank owns 44 shares. Rmb Mngmt Limited Liability Corp has invested 0.16% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). Mirae Asset Global Limited holds 36,195 shares or 0.26% of its portfolio.

Chipotle (NYSE:CMG) Rating Reaffirmed

Chipotle (NYSE:CMG) just had their share rating of a ‘Sell’ issued by research analysts at Cowen & Co., who now has a $250.0 target price per share on the $8.86 billion market cap company or a -20.29 % downside potential. This key information was shown in an analyst report on Friday morning.

Investors sentiment increased to 1.09 in Q2 2017. Its up 0.24, from 0.85 in 2017Q1. It increased, as 43 investors sold Chipotle Mexican Grill, Inc. shares while 160 reduced holdings. 83 funds opened positions while 138 raised stakes. 25.02 million shares or 7.00% less from 26.90 million shares in 2017Q1 were reported.

Ameritas Invest Prtn reported 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Raymond James Services Advisors has 0.01% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 2,938 shares. Gotham Asset Lc has 1,659 shares. Airain reported 3,767 shares. Hightower Advisors Ltd Com invested in 9,286 shares or 0.03% of the stock. Switzerland-based Swiss Bank & Trust has invested 0.05% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Capstone Advsrs has invested 0.13% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). 6,815 are owned by Westpac Banking Corp. 240,657 are owned by Susquehanna Interest Ltd Liability Partnership. Pathstone Family Office Limited Company owns 45 shares. Bp Public Ltd Company owns 9,000 shares for 0.14% of their portfolio. Magnetar Fincl Lc invested in 10,096 shares. Fifth Third Comml Bank owns 44 shares. Rmb Mngmt Limited Liability Corp has invested 0.16% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). Mirae Asset Global Limited holds 36,195 shares or 0.26% of its portfolio.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Ratings Coverage

Among 44 analysts covering Chipotle Mexican Grill Inc. (NYSE:CMG), 11 have Buy rating, 5 Sell and 28 Hold. Therefore 25% are positive. Chipotle Mexican Grill Inc. has $850 highest and $23 lowest target. $443.87’s average target is 41.52% above currents $313.65 stock price. Chipotle Mexican Grill Inc. had 206 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, July 22 by Goldman Sachs. The firm has “Outperform” rating given on Monday, March 7 by Credit Suisse. The firm has “Sell” rating by Deutsche Bank given on Tuesday, February 23. Wedbush downgraded Chipotle Mexican Grill, Inc. (NYSE:CMG) on Tuesday, March 29 to “Underperform” rating. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Hold” rating by Maxim Group on Monday, November 23. The rating was maintained by Barclays Capital with “Equalweight” on Wednesday, February 3. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Market Perform” rating by Cowen & Co on Monday, December 7. The firm has “Neutral” rating given on Tuesday, June 20 by Credit Suisse. The firm has “Hold” rating by Jefferies given on Wednesday, July 26. The rating was downgraded by Goldman Sachs on Friday, April 1 to “Neutral”.

The stock increased 0.96% or $2.98 during the last trading session, reaching $313.65. About 987,334 shares traded. Chipotle Mexican Grill, Inc. (NYSE:CMG) has risen 7.62% since December 8, 2016 and is uptrending. It has underperformed by 9.08% the S&P500.

Analysts await Chipotle Mexican Grill, Inc. (NYSE:CMG) to report earnings on February, 1. They expect $1.37 EPS, up 149.09 % or $0.82 from last year’s $0.55 per share. CMG’s profit will be $38.68M for 57.24 P/E if the $1.37 EPS becomes a reality. After $1.33 actual EPS reported by Chipotle Mexican Grill, Inc. for the previous quarter, Wall Street now forecasts 3.01 % EPS growth.

Chipotle Mexican Grill, Inc., together with its subsidiaries, develops and operates Chipotle Mexican Grill restaurants. The company has market cap of $8.86 billion. As of December 31, 2016, the firm operated 2,198 Chipotle restaurants throughout the United States, as well as 29 international Chipotle restaurants; and 23 restaurants with non-Chipotle concepts. It has a 61.08 P/E ratio.

More notable recent Chipotle Mexican Grill, Inc. (NYSE:CMG) news were published by: Fool.com which released: “Why Chipotle Mexican Grill, Inc. Stock Lost 12% in October” on November 08, 2017, also Seekingalpha.com with their article: “Chipotle: 6 Reasons To Buy” published on December 05, 2017, Seekingalpha.com published: “Taco Bell CEO seen as right fit for Chipotle” on December 07, 2017. More interesting news about Chipotle Mexican Grill, Inc. (NYSE:CMG) were released by: Fool.com and their article: “Chipotle Mexican Grill, Inc.: New App, New Problems” published on November 12, 2017 as well as Fool.com‘s news article titled: “Why 2017 Was a Year to Forget for Chipotle Mexican Grill, Inc.” with publication date: December 02, 2017.

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